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262 S 16th Street, Unit 4, Philadelphia, PA 19102

$1,495,000
  • 262 S 16th Street, Unit 4, Philadelphia, PA 19102 Main Photo

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BEDS3 BATHS2 full SQUARE FEET2,000 MLS#PAPH2582582
STATUSACTIVE PROPERTY TYPEResidential - Condominium SUBDIVISIONRITTENHOUSE SQUARE SCHOOLPHILADELPHIA CITY

Property Description

Rarely does an opportunity like this present itself in the heart of Rittenhouse Square. Residence Four at 262 S 16th Street is the largest floor plan in this boutique seven-residence building and the highest available floor, offering an exceptional combination of scale, privacy, and long-term value just steps from one of Philadelphia’s most coveted neighborhoods. The financial upside here is just as compelling as the home itself. A remainder of the FULL TAX ABATEMENT transfers to the new owner with more than five years remaining, which means the new owner will have substantial savings. Pair that with very low condo fees and a seller-paid parking space for the first year, and the monthly carrying costs are remarkably attractive for a residence of this size and quality in Rittenhouse. Accessed by private elevator, this full-floor home offers more than 2,000 square feet of thoughtfully designed living space. The main living and dining area is filled with natural morning light through oversized East-facing windows, while the kitchen is both beautiful and functional with custom white cabinetry, warm custom quartzite countertops, a full Viking appliance package including a professional French door oven and wine center, external venting, and a generous pantry already plumbed for a future half bath. The bedroom wing is set apart for privacy and includes three well-proportioned bedrooms, flexible space for guests or a home office, built-out closets, and a full laundry room. The primary suite feels tucked away and serene, complete with ample closet space, a Juliet balcony overlooking greenery, and a spacious bath with a double vanity, large walk-in shower, and separate water closet. Efficiency is key in this property. The home features two separate Heating and Cooling units, gas appliances and a kitchen vent hood with EXTERNAL venting. The building itself is equally impressive, with climate-controlled storage, a cold storage room, and a truly standout rooftop terrace with sweeping skyline views, premium outdoor furniture, built-in grill, and speakers. It is a rare amenity and one that genuinely sets this property apart. Residence Four offers the kind of value, finish level, and location that is increasingly hard to find in Rittenhouse Square.

262 S 16th Street, Unit 4 | MLS# PAPH2582582

This condo located at 262 S 16th Street, Unit 4, Philadelphia, PA 19102 is currently listed for sale with an asking price of $1,495,000. This property was built in 2020 and has 3 bedrooms and 2 full baths with 2000 sq. ft. S 16th Street, Unit 4 is located in the RITTENHOUSE SQUARE subdivision within the PHILADELPHIA CITY school district. Search RITTENHOUSE SQUARE real estate on www.homesale.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central A/C
Fuel Type: Natural Gas
Garage: 1
Heating: Forced Air
Home Style: Unit/Flat
Lot Size: 0.00 Acre(S)
Stories: 1.0
Taxes: $2,932
Year Built: 2020

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Condo/Coop Fee: $793.00/Monthly
Exterior: Masonry
Lot Dimensions: 0.00 Acre(S)
Municipality: PHILADELPHIA
Parking Features: Prepaid
Parking Notes: 1 Total Parking Spaces
Pet Restrictions: Case by Case Basis
Sewer: Public Sewer
SQFT Above Finished: 2000
SQFT Total Finished: 2000
Structure Type: Unit/Flat/Apartment
Total Garage/Parking Spaces: 1
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: KW Empower
Agency Phone: 2156273500

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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Estimated Payment

$ 4,007.60 per month $3,327.22 Principal & Interest $244.33 Property Tax $436.04 Homeowner's Insurance

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